NOT LISTED FOR SALE

15418 5th St Victorville, CA 92395

Estimated Value: $344,661 - $367,000

5 Beds
2 Baths
1,500 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $142,000 $95 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,055/month

11 Days on Market

Highlights

  • City Lights View
  • Up Slope from Street
  • Laundry Room
  • No HOA
  • Evaporated cooling system
  • Wall Furnace

About This Home

As of June 2016

PRICED TO SELL! Investors! If you are a numbers person, this is priced right for a solid return on investment. This duplex is fully fenced with a rolling gate for tenant security and privacy. Both units have been recently renovated with new paint, window blinds, carpet (front unit), and new swamp coolers! Both come with their own carport and storage area, as well as laundry hookups. The front unit is a two bedroom, one bath with a large main living area, dining area, and spacious kitchen. The back unit is a three bedroom, one bath featuring a large master bedroom with a walk in closet and separate entrance! The floors are fully tiled for easy maintenance and durability. Current owner is contracted with property manager and new tenants have been placed! WE HAVE FULL OCCUPANCY! Total rents are $1,650.00 per month.

Last Agent to Sell the Property

David Wills

WILLS ESTATE BROKER License #01346255 Listed on: 05/02/2016

Last Buyer's Agent

David Wills

WILLS ESTATE BROKER License #01346255 Listed on: 05/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1950

Lot Details

  • 7,100 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 1,500 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Up Slope from Street
  • Assigned Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Assessor Parcel Number 0478095080000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,400
  • Trash Expense $50
  • Water Sewer Expense $100
  • New Taxes Expense $1,513
  • Gross Income $1,650
  • Net Operating Income $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,221

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 0478095080000
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 94.67

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 7100.00
  • Price Per Lot Square Foot: 20.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1650.00
  • Gross Scheduled Income: 1650.00
  • Insurance Expense: 2400.00
  • Net Operating Income: 1350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1513.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
Crosetto Pierre F
Bought by
Bimbli Nikolin and Bimbli Evri
Current Estimated Value
$355,665

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 19, 2016
Sold by
Crosetto Grantor Sandra Jean
Bought by
Crosetto Pierre F
Seller's Agent
David Wills
WILLS ESTATE BROKER
Buyer's Agent
David Wills
WILLS ESTATE BROKER
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%

Purchase Details

Listed on
May 2, 2016
Closed on
May 20, 2016
Sold by
Nip Visal
Bought by
Crosetto Pierre F
Seller's Agent
David Wills
WILLS ESTATE BROKER
Buyer's Agent
David Wills
WILLS ESTATE BROKER
List Price
$150,000
Sold Price
$142,000
Premium/Discount to List
-$8,000
-5.33%

Purchase Details

Closed on
Apr 15, 2014
Sold by
Castrejon Teresa and Teresa Castrejon Trust
Bought by
Nip Visal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2003
Sold by
Castrejon Teresa
Bought by
Castrejon Teresa and The Teresa Castrejon Trust

Purchase Details

Closed on
Jan 30, 1997
Sold by
Reed Dorothy
Bought by
Castrejon Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,974
Interest Rate
7.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bimbli Nikolin $168,000 Orange Coast Title Company
Crosetto Pierre F -- Orange Coast Title Co
Crosetto Pierre F $142,000 Orange Coast Title Co
Nip Visal $117,000 Chicago Title Company
Castrejon Teresa -- --
Castrejon Teresa $32,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nip Visal $87,750
Previous Owner Castrejon Teresa $32,974
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2016 06/24/16 Sold $142,000 -5.3% $95 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $150,000 +28.2% $100 / Sq Ft
07/15/2014 07/15/14 Sold $117,000 -6.4% $75 / Sq Ft View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $125,000 -- $81 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,221 $187,405 $33,465 $153,940
2024 $2,221 $183,731 $32,809 $150,922
2023 $2,197 $180,129 $32,166 $147,963
2022 $2,158 $176,597 $31,535 $145,062
2021 $2,118 $173,135 $30,917 $142,218
2020 $2,080 $171,360 $30,600 $140,760
2019 $1,837 $150,692 $26,530 $124,162
2018 $1,957 $147,737 $26,010 $121,727
2017 $1,917 $144,840 $25,500 $119,340
2016 $1,569 $118,785 $15,229 $103,556
2015 $1,513 $43,368 $6,777 $36,591
2014 $566 $42,518 $6,644 $35,874
Source: Public Records

Agents Affiliated with this Home

  • David Wills

    Seller's Agent in 2016

    David Wills

    WILLS ESTATE BROKER

    (909) 980-2670

    47 Total Sales

    David Wills
    Section Image

  • J

    Seller's Agent in 2014

    Josh Huizar

    CORCORAN GLOBAL LIVING

    Section Image

  • N

    Buyer's Agent in 2014

    Nathan Oum

    Nathan Oum, Broker

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV16092592

California Regional Multiple Listing Service (CRMLS)

APN: 0478-095-08

California San Bernardino County Victorville 92395

15418 5th St, Victorville, CA

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